Ftmo reddit strategy. … Type of Strategy and Market Conditions.

Ftmo reddit strategy 2. 33%. Funding Talent's challenge requirements are 8% for the first phase then 4% for verification whereas FTMO is 10% then 5%. A place to discuss forex strategy, ideas, analysis, and concepts. Any questions? I’m more than happy to answer below and have zero course or signals group to sell you. I personally won't go there because of it rules (In my opinion ftmo forces traders to fail) and that 80% profit split make trader wanna try, but that split is not important at all. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! •FTMO Swing Account: no longer need to close trades for the weekend and, once you've passed both the challenge View community ranking In the Top 5% of largest communities on Reddit. And crucially the most competitive aspect is Funding Talent's 80/20 profit split vs. That In this article, we will cover everything you need to know about risk management in trading and how you can become a better trader. If you have good R, practice risk management, and understand the expectancy of your strategy, I don't see why/how you would hit the max loss cap. Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! But as you can see here on reddit most of them claims that FTMO is the most expensive among all. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I can completely replicate the conditions of my backtest/ strategy on a live ftmo account. Plus they don't have the FTMO restrictions of trading during news or holding over the weekend which will benefit swing traders. Overall for signals and strategy I use Oanda data as I trade that in parallel with my current strategy. FTMO uses their own data and you will have to get details from the account and connect via the MetaTrader Apps. But I wanted to see how I can use this strategy to be successful at FTMO. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! •FTMO Swing Account: no longer need to close trades for the weekend and, once you've passed both the challenge Welcome to FXGears. uk/How I passed my $50,000 FTMO Challenge - FULL ICT STRATEGY We have described the principle in this article, in which we also conducted a test of a simple strategy based on it. Of all the prop firms, FTMO is slightly better, since they don't put a cap on the maximum trades we can open, offer a 1:100 leverage, allows hedging and any strategy we like. Trades over the weekend . View community ranking In the Top 1% of largest communities on Reddit. Step 1: The FTMO Challenge A 30 calendar day demo account where you will have to trade according to our rules. No crypto!! Welcome to FXGears. r/Daytrading • Algo-Trading: +$2560, Higher Welcome to FXGears. Or check it out in the app stores Home; Popular; TOPICS A place to discuss forex strategy, ideas, analysis, and concepts. Tips: test your strategy on the 14days FTMO demo trial and see if works first, so you don't waste money on challenges. gg/TWqT37CS28Work directly with me:https://totocapital. Input Your Strategy: Enter your strategy’s rules into the backtesting software. Clarify the type of strategy you’re developing (trend-following, mean-reversion, breakout, etc. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. I took a 2. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms Welcome to FXGears. Main strategy was selling rising wedge trendline breakdown on H1 TF Most intraday trades were sells on double top pattern with at least a R1. The starting reward is 80%. The key components of the described strategy are Ichimoku Kinko Hyo (Ichimoku Cloud), Relative [] Advantages of trading with FTMO: Quite low testing cost is €155. I recently took up the FTMO $200k prop firm challenge and, honestly, I was struggling a bit at first and almost hit Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! When MFF imploded , I wanted to buy a 200k FTMO account, but I decided to get 2x100k, one each with FTMO and 5%ers to spread the risk out of another implosion. We have described the principle in this article, in which we also conducted a test of a simple strategy based on it. FTMO Forex Trading Community was created with the following intentions: - To help new and professional traders learn and improve their forex trading skills as best as we can, - To help Traders know more about FTMO and how to get funded by them, - To help/guide new traders in passing the FTMO challenge and verification stage. In the long run if you did this strategy continuously, it would have to end in either you losing all your money, or your counterparty losing all their money to you. The charts in TradingView and on the FTMO MT5 platform may have slight differences in terms of price levels and candlestick patterns. I have been trading since 2020 📈 MarketScreen is your go-to subreddit for discussing everything related to stocks, trading, and investment strategies. I used ctrader which had built in controls to move your stop loss and take partial profits after gaining a certain amount of pips so see if you can work those into your strategy. The problem is that the trader/bettor has to have unlimited capital in order for the "strategy" to be actually efficient. The basic idea is that after each loss, the trader/bettor doubles his stake. Firstly, I found my sweet spot by sticking to one pair, XAUUSD. Just make sure they stick to FTMO’s risk rules. Start risking 0. I backtest a lot on TradingView, and also analyse on TradingView before looking to take a trade on MT5. The information on this site is not directed at residents in any Welcome to FXGears. The subreddit has not kicked you out or gone private. So I wanted to share my recent experience with passing the FTMO challenge. Weekly open trading strategy. Been putting together this strategy since 2019 and i look back now and im just mind blown!!! Consistency For example, we can generally recommend to our FTMO Traders not to risk more than 1% per trade idea to help them with adopting safe risk management principles. However, in my current FTMO Challenge I am using a Forex Scalping strategy, not because I don't trust in indices but because the fact that after a lot of Welcome to FXGears. Or check it out in the app stores     TOPICS A place to discuss forex strategy, ideas, analysis, and concepts. I got upset that I closed the trade too early because I would have passed my ftmo challenge in that trade. Been putting together this strategy since 2019 and i look back now and im just mind blown!!! Consistency Welcome to FXGears. The tough part is if your strategy is based around being away for 12 Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I want to tell you my story with Ftmo challenge In the first week i was losing so much , I was opening losing positions one after another at day 8 my max loss hit 10000$, my Welcome to FXGears. However, it is not a Breakout trading is a popular trading strategy followed by many traders and trading algorithms. FTMO has specific rules regarding margin usage, but let's clarify the key points: Leverage: FTMO provides a leverage of 1:30. Guilty of doing news releases too hahaha and for what it’s worth it says here “Please note again, these restrictions on trading during the restricted news events do not apply to FTMO Challenge or Verification accounts. The only exception is the news rule! My backtests don’t take the news into accounts Welcome to FXGears. I love the idea of ftmo, but they have a limit of holding trades over the weekend. FTMO only provides services of simulated trading and educational tools for traders. The strategy focuses on the effective identification of the main trend, corrections and the precise timing of entries and exits. I think it's worth it. the above account is 10,000USD swing 1/30 leverage Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! If FTMO would disclose data, I think most challenges are passed using 1 to 2 trades risking 5% to 10%. Their challenges are a bit tougher than My Forex Funds where I'm currently funded. Locked post. Analyse Results: The software will generate a report showing the performance metrics of your strategy, including total profit/loss, win rate, drawdowns Welcome to FXGears. Leverage is up to 1:100. FTMO's 70/30. FTMO is cool with using certain types of EAs (Expert Advisors) on their funded accounts, as long as you follow their rules. You only need to pass 8% in the first round and 5% in the Scalping is a trading strategy that involves buying or selling securities with the aim of profiting from small price movements in a short amount of time. FTMO is a prop company for traders with trading experience Welcome to FXGears. Run the Backtest: The software will simulate trades based on your strategy over the selected historical period. co. Proper risk management in trading is what separates it Join the free discord:https://discord. No crypto!! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. Share     TOPICS. Depending on where you are you could also have a look at Darwinex and DarwinexZero as they are a great alternative to FTMO Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! FTMO will not fail you just because you dont use a stop loss. I average 3-4 wins a month based on 10-12 trades . Here’s a quick rundown of what’s allowed: Standard Trading EAs: These are your basic EAs that use regular trading strategies like trend following or technical analysis. This deep dive allowed me to truly understand its movements, giving me more freedom to focus on my main career in penetration Update on my FTMO 100k, using a specific strategy with no set R:R, over 2k up this week. Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! In the case of FTMO, you would have passed the challenge the first month and gained 10% the second month on $100k, which would be $10k, then take home $7000 from your 70%. Trading FTMO challenge - Live Technical Analysis youtube. This is because TradingView sources its price data from various exchanges and data providers, whileFTMO's MT5 platform sources its data directly from its liquidity providers. 50 - 1. New comments cannot be posted and votes cannot be cast. Take a look into how they managed to score the FTMO Challenge and what methods they used to pass our Evaluation process. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! I've recently got into ftmo, and on my first try, I passed the stage 1 of ftmo, onto stage 2,its a different story, I've been quite unlucky, ad after a series of trades I'm now Actually yes, there is a chance for you to pass faster the FTMO Challenge using indices because they are more volatile and you get more trading entries, at least using this strategy. I can demo trade just fine, I passed 3 ftmo trials one after the other. First of all, you’ll be paying round trip Ftmo is good for scalpers and you need luck because is kinda hard to make 10% in 30 days without luck. I won't mention their name here. To make the most of your time, it’s advisable to first define your strategy conceptually and then examine around 20 instances on the charts that would have triggered a trading opportunity. I’ve sometimes gotten stopped out of trades just for price to go my direction afterwards, because TV and the FTMO server/broker didnt align too well. I passed my $200k FTMO challenge a while back and am close to payout. They're handling my account now and take another 40%. Technical Analysis Welcome to FXGears. Seeing as you're betting against the market as a whole, you're not going to outlast them in the long run because they will always be able to front more capital whereas you won't. While of fxify for example you can directly pay an extra fees and get more Welcome to FXGears. I get to pocket the last 40%. We have described Welcome to FXGears. Martingale looks tempting at first glance because it promises attractive prizes for the bettor/trader. Internet Culture (Viral) Best Strategy to Pass FTMO Challenge- FTMO Challenge Strategy Archived post. . However, the differences between the two should not be significant Welcome to FXGears. Passing FTMO with a Simple Forex Strategy. To understand at what point FTMO will margin call your account, let’s go through the example you provided: Your Trade Example: Welcome to FXGears. Let’s first take a look at the building blocks of this trading strategy and compare it with the well-known trading concepts by industrial titans (Dow Welcome to FXGears. This trading strategy was initially popularized by an infamous trader who is also the founder of the Inner Circle Trading (ICT) method which is claimed to be the evolved version of the SMC. FTMO take their little slice right off the top from payouts. 5 - R2 US30 lot sizing was consistent between 0. Our community A place to discuss forex strategy, ideas, analysis, and concepts. The Secret to Passing ANY Funded Challenges using this 3 Step Strategy, sharing the strategy breakdown, the psychology and the thought process when doing a funded challenge. It's not that we want to restrict you from doing anything, but risking a big portion of your Maximum Daily Loss on a single trade idea may suggest that your strategy is not robust enough Of course, the basic premise is that the trader should have these rules clearly set out within his strategy and not change them during the course of trading, as such trading is pointless. Type of Strategy and Market Conditions. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! Just thought id stop in to show off what I’ve accomplished on ftmo. Margin Requirement: For XAU/USD, the margin requirement is 3. A lot of traders spend their weekends doing market analysis, and they often come up with different ideas and price predictions for an upcoming trading week. What am I missing? Welcome to FXGears. Get the Reddit app Scan this QR code to download the app now. If so what advice would you Welcome to FXGears. Internet Culture (Viral) Welcome to FXGears. This feedback is very valuable to new traders or Long story short, I want to aim for a €40,000 challenge next year and wanted to ask you what your experiences are with FTMO and what you can possibly give me tips along the way. In order to become an FTMO Trader, you will have to pass our 2-step Evaluation Process. As long as your trading is legitimate (in line with proper risk management), conforms to the real market conditions, and does not resemble forbidden practices, we have no reasons for limiting or restricting your trading strategy, whether it’s discretionary trading, algorithmic Martingale looks tempting at first glance because it promises attractive prizes for the bettor/trader. com, a trading forum run by professional traders. I know that these are required only for verification and approval, but anyway, a 10% strategy would make you a millionaire anyway even starting with 1000$. Then, there's the other service I used to pass the challenge. FTMO 100K SWING Challenge 75% target achieved on 5th day. Articles, links, etc are all welcome. Hopefully somewhat more advanced than the content on other forex subs, but questions are always welcome. 5% per trade to see if you feel comfortable and get familiar with FTMO spreads and commissions. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /r/Forex is the official subreddit of FXGears. Utilize the Golf Clash Discord for questions and chatter. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! In FTMO, the maximum daily drawdown limit allowed on a $100K account is 5% which is $5,000. Then raise it Welcome to FXGears. You definitely have more and better options that you can explore than applying this strategy with FTMO funding. Same thing happened with my first ftmo challenge, I was £700 in profit. We are introducing a sophisticated trading strategy that combines technical analysis with the use of several advanced indicators and multi-timeframe analysis. I noticed that their payouts for the higher tiers is 100%. Calculating the Margin Call. This is where things get interesting. This strategy requires traders to make We would like to show you a description here but the site won’t allow us. ” So you could do news if you wanted to just to pass the challenge and get your funded account but then going forward you Welcome to FXGears. Once funded you trade and make profit on an account and have $0 risk. Not an exact answer re:FTMO, but 4-6 losses in a row isn't that uncommon as long as you have a really good R on your trades. It basically means that if you manage to pass, you get funded and it costs you nothing. anywayofcourse a prop firm is better than your own account for sure because with less Welcome to FXGears. com's Reddit Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! It seems like FTMO and MFF treat their businesses like a casino while the 5%ers looks like they want long term traders. I recently took on the $200k FTMO challenge and decided to get some help from a specialized company. Whether you're a seasoned investor or just starting to explore the world of finance, this is the place to share insights, ask questions, and Welcome to FXGears. com Open. Which instruments can I trade and what strategies am I allowed to use? Your trading style is up to you. There are two ways you can spot a breakout, the first one is by using price action, and the In this video I reveal my trading strategy that led me to become the #1 trader for the biggest forex prop trading firm in the world, FTMO! I will break it down into four essential components FTMO is legit and has been around for a while. comments sorted by Best Top New Controversial Q&A Add a Comment More posts you may like. Long story short, with their assistance, I was able to pass the challenge and meet all the requirements. The numbers are just an approximation leaning towards As long as your trading is legitimate (in line with proper risk management), conforms to the real market conditions, and does not resemble forbidden practices, we have no reasons for limiting or restricting your trading We express our warm welcome to our new FTMO traders. The calculator is available for all symbols/instruments that can be traded on FTMO platforms and is designed for all types of traders, from scalpers to Welcome to FXGears. 40 max per trade XAUUSD lot size was 1 maximum per trade Best winning days were Tuesdays, Wednesdays & Fridays Welcome to FXGears. So Welcome to FXGears. ) and specify the market conditions in which it is FTMO developed a unique Evaluation Process for traders, consisting of an FTMO Challenge and a Verification, specifically tailored to discover trading talents. my lot sizes are in the last picture. Or check it out in the app stores     TOPICS. The tough part is if your strategy is based around being away for 12 Get the Reddit app Scan this QR code to download the app now. 00 lot trade and that started the losing streak. The r/GolfClash subreddit is dark from June 12th-14th in support of the Reddit Blackout Protest. A 10% gain asked by FTMO puts us to way less than that, so with compound, a person that is making 10% on a monthly basis should be a millionaire very fast. Technical Analysis I used ctrader which had built in controls to move your stop loss and take partial profits after gaining a certain amount of pips so see if you can work those into your strategy. Has anyone had any success in being funded with a prop trading firm using their algo such as FTMO , 5ers etc Whether that be through a native programming language such as MQL4/5 or Python or any other language. Reddit has made some changes in their billing for API calls that effect ALL of 3rd party developers that have alternate apps. You will have superior account conditions in the form of our own FTMO account solution with very low commissions and raw spreads. FTMO & MFF Funded certificates Doing new ones this year follow my journey! Welcome to FXGears. kag wyuw yfzs lpuvx ooxwzin sscosv tmfurn yzkkvd lbui otwkf